I’m thinking about why adjusting economic inputs is an exercise in centralization. Do you mean that because the action requires coordination it is de facto centralized? Or maybe because the intent is to benefit some group—the ability to focus specific attention is evidence of centralization?

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How do you agree on the security target?

How is this any different than agreeing on the “right” inflation rate?

Ya, it’s probably better to just throw the ring in the fire. Ossification seems safer than favoring actions, shenanigans, and unintended consequences.

Well on average humans yelling "do something" has historically lead to misery, famine and death.